Commodity Prices

Gold •388 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,422.80	-17.70	-1.23%
WTI Crude •21 hours	65.16	-0.87	-1.32%
Gasoline •22 hours	2.097	-0.007	-0.34%
Ethanol •388 days	2.161	+0.000	+0.00%
Silver •388 days	30.82	+1.16	+3.92%

Silver • 388 days	30.82	+1.16	+3.92%
Copper • 388 days	4.530	+0.111	+2.51%
Brent Crude • 21 hours	68.44	-0.74	-1.07%
Natural Gas • 21 hours	3.110	+0.016	+0.52%
Heating Oil • 21 hours	2.406	-0.007	-0.28%

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EUR/USD: Recent Fall From 1.3400 Seen as Corrective

By - Aug 15, 2013, 6:04 AM CDT

EUR/USD is deemed to be in the midst of a corrective phase off the recent 1.3400 high. A sustained break back under 1.3190 (02/08/2013 low) is required to dampen our expectations of an eventual return to the August high and then onto 1.3417 (19/06/2013 high).

If a retest, or break over, 1.3417 can be achieved, the region between this key high and the annual high is expected to see a fair degree of resistance and is likely to offer a reasonable short entry opportunity.

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